Global food prices hit 18-month high

World Food Price Index Hits 18-Month High on Production Concerns
Global food prices hit the highest level in 18-months in October, with unfavorable weather raising production concerns for many commodities and threatening to keep consumer costs higher for longer.
World food prices reached 18-month high in October, says FAO
In October, the FAO Food Price Index (FFPI) averaged 127.4 points, marking a 2% increase from its revised September level and reaching its highest level since April 2023. The data
Food Prices at Highest Level in 18 Months, UN Says
Food prices rose to their highest level in 18 months in October, with the prices of almost all commodity groups rising, led by vegetable oils, the Food and Agriculture Organization of the United Nations said.
FAO Food Price Index rises in October to highest level in 18 months
The FAO Cereal Price Index increased by 0.9 per cent in October, led by rising wheat and maize export prices. Global wheat prices were affected by unfavourable weather conditions in major northern hemisphere exporters as well as the re-introduction of an unofficial price floor in the Russian Federation and rising tensions in the Black Sea region.
Food Price Surge Pushes India's Retail Inflation To 6.2%, Hitting 14-Month High In October
India's retail inflation in the month of October surged to a 14 month high of 6.2 per cent. This is primarly driven by the sharp rise in food prices. Also, this is a noticeable jump from the 5.5 per cent inflation rate recorded in September 2024,
World food prices reach 18-month high in October, UN says
PARIS (Reuters) - The United Nations' world food price index rose in October to its highest level since April 2023 as vegetable oils led increases seen in most food staples, data showed on Friday. The price index, compiled by the U.N. Food and Agriculture ...
Global food prices rise to highest level in 18 months
Higher prices for staples such as vegetable oils, wheat, cheese and sugar have pushed food commodity costs to their highest level in 18 months, signalling more pain ahead for grocery shoppers and central banks.
Global Food Prices Reach 18-month High: FAO
Global food prices rose in October to their highest level in 18 months, with a sharp increase in the cost of vegetable oil, the Food and Agriculture Organization said on Friday.
China: World food price index hits 18-month high in October: FAO
Storyline: World food prices rise to the highest level in 18 months in October, as weather disruptions and rising fuel costs intensified inflationary pressures, the United Nations Food and Agriculture Organization (FAO) reported on Friday.
Food prices rise highest level in 18 months – FAO
The Food and Agriculture Organization, FAO, has said global food prices rose in October to their highest level in 18 months. The organisation said there was a sharp increase in the cost of vegetable oil.
In good news for U.S. consumers, some grocery prices are dipping for the first time since 2020
Americans have struggled with high grocery costs since inflation soared during the pandemic. Now prices are falling.
Online groceries mark first drop in food prices since 2020
Online grocery prices dropped 0.1 percent month-to-month in October, and posted a 0.1 percent drop from a year ago, according ...
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Headline Retail Inflation At 6.21 Per Cent Exceeds RBI's Target Range For Second Month Amid Double-Digit Food Inflation
Food inflation, based on the Combined Food Price Index (CFPI), reached a 15-month high of 10.87 per cent in October, up from ...
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CPI inflation surges to a 14-month high of 6.21% in October on rise in food prices
(Image/Reuters) India’s retail inflation, based on the Consumer Price Index (CPI), surged to a 14-month high of 6.21 per ...
India's retail inflation rises to 6.21% in October amid higher food prices, breaches RBI's upper tolerance level
The consumer price index-based inflation was 4.87 per cent in October 2023. Prashant Tamta Updated : Nov 12, 2024, 05:24 PM ...